44 Randolph Avenue Meriden, CT 06451
Investment Opportunity: Profitable licensed with the City Rooming House with Owner Financing Available Nestled in the heart of Meriden, CT, this well-maintained rooming house at 44 Randolph Ave offers a unique investment opportunity with immediate cash flow and the potential for long-term growth. Featuring 8 individual rooms, a two-car garage, and a cozy rear unit apartment, this property is designed to maximize rental income, a monthly income of $6, 005 with $1, 600 monthly expenses.With rentals below market this property is not just a building; it's a thriving business opportunity ready for its next owner. Whether you're expanding your portfolio or stepping into the world of real estate investment, 44 Randolph Ave offers a solid foundation with its stable income, low vacancy rates, and desirable location. Take advantage of owner financing to secure this investment with a lower upfront cost. Don't miss out on this turnkey investment. Make a move today to learn more about how you can become the new owner of this profitable rooming house. Seller is flexible with financing terms. Interested investors should have proof of funds and minimum 10% down payment.
- Property TypeSingle Family Home
- NeighborhoodEast Meriden
- CountyNew Haven
- Taxes$6,413
- HOA/Condo/Coop Fees$0
- Days on Site37 Days
- MLS StatusActive
- MLS ID Number24035941
- Home Size Source Public Records
- Year Built1890
- Lot Size0.13 Acres
- Full Baths3
- Partial BathsN/A
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General Features
- Style Other
- Construction Vinyl Siding
- Parking Detached GarageDriveway
- Parking Spaces 3
- Sewer Public Sewer
- Basement Full
- Acreage 0.13
- Water Public
- Property Sub Type Single Family Residence
- Garage Spaces 2
- Attached Garage No
- Foundation Stone
- Zoning R-3
Interior Features
- Cooling None
- Heating Natural GasHot Water
- Appliances None
- Fireplaces 0
Exterior Features
- Roof Asphalt
- Waterfront Property No
- Waterfront Features Not Applicable
- Lot Level Lot
Community Features
- Community Features Commuter BusLibraryMedical FacilitiesWalk to Bus Lines